LOUISVILLE, KY (April 24, 2019) – Charah® Solutions, Inc. (NYSE: CHRA), a leading provider of environmental and maintenance services to the power generation industry, announced today that it received two prestigious safety awards from the North Carolina Department of Labor (NCDOL) in April for an outstanding record of employee safety in 2018. This is the eighth consecutive year that Charah Solutions has been recognized by the NCDOL for its safety record, and additional project sites are expected to be recognized this spring and summer.
Charah Solutions was recognized for its safety record at its structural fill project at the Brickhaven Mine in Chatham County, North Carolina for the fourth consecutive year, and at Duke Energy’s Cliffside Steam Station in Shelby, North Carolina for the seventh consecutive year.
Both sites received a Gold-level Certificate of Safety Achievement, the state’s highest safety award, in recognition of Charah Solutions’ outstanding on-the-job safety and health efforts and the promotion of safe working conditions in 2018. The Gold Award is based on a days away, restricted or transferred (DART) rate that is at least 50 percent below the statewide rate for the industry. Awards were presented by North Carolina Commissioner of Labor Cherie Berry.
This annual awards program, run by the NCDOL, recognizes private and public companies that achieve and maintain a high level of safety. In order to qualify, each company must have had no fatalities during the calendar year at the site or location for which the award was given and must have maintained an incidence rate at least 50 percent below the average for its particular industry group.
“We are honored to continue to receive these important awards from the North Carolina Department of Labor year after year in recognition of our commitment to safety,” said Scott Sewell, President and CEO of Charah Solutions. “Safety is our foremost priority and we are always exploring new ways to improve our worksites and our employees’ attention to safety.”
About Charah Solutions, Inc.
With 30 years of experience, Charah® Solutions, Inc. is a leading provider of environmental and maintenance services to the power generation industry, with operations in coal-fired and nuclear power generation sites across the country. Based in Louisville, Kentucky, Charah Solutions assists utilities with all aspects of managing and recycling ash byproducts generated from the combustion of coal in the production of electricity as well as routine power plant maintenance and outage services for coal and nuclear energy providers. The company also designs and implements solutions for ash pond management and closure, landfill construction, fly ash and slag sales, and structural fill projects. Charah Solutions is the partner of choice for solving customers’ most complex environmental challenges, and as an industry leader in quality, safety, and compliance, the company is committed to reducing greenhouse gas emissions for a cleaner energy future. For more information, please visit www.charah.com.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements are identified by their use of terms and phrases such as “may,” “expect,” “estimate,” “project,” “plan,” “believe,” “intend,” “achievable,” “anticipate,” “will,” “continue,” “potential,” “should,” “could,” and similar terms and phrases. These statements are based on certain assumptions made by the company based on management’s experience and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the company, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. Any forward-looking statement speaks only as of the date on which such statement is made and the company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.
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